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Outlook & Strategy

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CETO technology
Outlook & Strategy

Australian firm secures milestone payment under EuropeWave contract

Australian wave energy developer Carnegie Clean Energy has received a €351,471 payment under its EuropeWave contract, following the completion of the system integration review for the ACHIEVE program. “Thank you to the EuropeWave Project Buyers Group for their continued support!” the company said in

about 11 months ago
EU launches first hydrogen mechanism call to link suppliers and buyers
Outlook & Strategy

EU launches first hydrogen mechanism call to link suppliers and buyers

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To connect potential suppliers with buyers of hydrogen and its derivatives in the European Union (EU), the European Commission (EC) has launched its first call for interest under the Hydrogen Mechanism.

about 11 months ago
Ocean Infinity to perform geotechnical survey for UK’s fifth subsea electricity superhighway
Outlook & Strategy

Ocean Infinity to perform geotechnical survey for UK’s fifth subsea electricity superhighway

Marine robotics company Ocean Infinity is set to begin a geotechnical survey later this month for Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England. The marine survey activities for the 2 GW EGL5 are expected to commence on November 23

about 11 months ago
Source: Weco
Outlook & Strategy

Weco secures support to advance scalable wave energy solutions

The Hague-based Wave Energy Collective (Weco) has raised €600,000 to accelerate the development and testing of its modular wave energy technology. According to Weco, the investment comes from the Netherlands Enabling Water Technology fund (NEW-ttt), Init Power, and Cyriel de Jong. The company said t

about 11 months ago
New Asso.subsea cable layer to sport automation system from Finnish company
Outlook & Strategy

New Asso.subsea cable layer to sport automation system from Finnish company

Greece’s Asso.subsea has placed an order with a firm headquartered in Finland for an Integrated Automation System (IAS) to be delivered for its DP 2 cable-laying vessel (CLV) currently being built in China. Valmet will supply its automation technology for the vessel named Althea, which the China Mer

about 11 months ago
Svitzer buys into Norwegian maritime services company
Outlook & Strategy

Svitzer buys into Norwegian maritime services company

Denmark-based towage service provider Svitzer has acquired a majority stake in Norwegian maritime services company Buksér og Berging.

about 11 months ago
source: Orbital Marine Power
Outlook & Strategy

Scottish firm expands presence in Canada with 12.5MW tidal award

Canadian tidal developer Eauclaire Tidal and Scottish renewable energy company Orbital Marine Power have received 12.5MW of new tidal energy licences from the Province of Nova Scotia under the 2025 tidal energy procurement process. According to Orbital Marine Power, the award includes two 15-year p

about 11 months ago
Subsea mooring installation call keeps DOF vessel offshore Australia
Outlook & Strategy

DOF gets call from the Atlantic from BP

Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and

about 11 months ago
Repsol invests €2.549 billion in renewable hydrogen push
Outlook & Strategy

Clariant’s catalysts to power Repsol’s waste-to-methanol plant in Spain

Swiss specialty chemical company Clariant will provide catalysts for Spanish energy giant Repsol’s Ecoplanta waste-to-methanol plant in El Morell near Tarragona, Spain.

about 11 months ago
New partnership looking into ocean-based carbon capture in commercial shipping
Outlook & Strategy

New partnership looking into ocean-based carbon capture in commercial shipping

AURELIA Design and CALCAREA joined forces to bring ocean-based carbon capture to commercial shipping.

about 11 months ago
Large contract win gives Ocean Installer more work with Vår Energi
Outlook & Strategy

Large contract win gives Ocean Installer more work with Vår Energi

Norway’s marine construction and operations player Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a contract defined as large with compatriot oil & gas player Vår Energi for the Balder Next development. Under the contract that is expected to bring NOK 1-2 billion ($98-$196 m

about 11 months ago
ZOEX's wave energy converter (WEC) technology. Source: ZOEX
Outlook & Strategy

Zoex Power completes third phase of wave energy trials (Video)

Aberdeen-based Zoex Power has concluded Phase III of its (Ordu) project, having collected three months of data and achieved technology readiness level (TRL) 7, with no incidents. The company said it retrieved the acoustic doppler current profiler (ADCP) from the seabed and lifted the arm, marking th

about 11 months ago
Port of Newcastle taps HPC to drive Clean Energy Precinct project forward
Outlook & Strategy

Port of Newcastle taps HPC to drive Clean Energy Precinct project forward

Australia’s Port of Newcastle has appointed German port and logistics consultancy HPC Hamburg Port Consulting to develop a final business case for its Clean Energy Precinct (CEP) project.

about 11 months ago
WATCH: NKT Eleonora parts to come together in Tulcea
Outlook & Strategy

WATCH: NKT Eleonora parts to come together in Tulcea

The aftship of NKT’s new cable-laying vessel (CLV) NKT Eleonora has arrived at another Vard shipyard in Romania to be connected to the foreship and superstructure. To remind, NKT Eleonora entered the water for the first time in mid-October following the launch of its aftship at VARD’s shipyard in Br

about 11 months ago